Market Overview:
The global data acquisition (DAQ) hardware market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for data acquisition hardware in various applications such as agriculture, healthcare, security, industrial and communication. Additionally, the growing trend of miniaturization is also contributing to the growth of this market. On the basis of type, portable type DAQ hardware held a major share in 2017 and is expected to continue its dominance during the forecast period. This can be attributed to its advantages such as easy installation and portability.
Product Definition:
Data Acquisition (DAQ) Hardware is a generic term for any hardware used to acquire data from the physical world. This data can be used for anything from research and development to manufacturing process control. The importance of Data Acquisition (DAQ) Hardware varies depending on the application, but in general it is critical for collecting accurate and timely data.
Portable Type:
Portable type is a technology that allows the transfer of data from one system to another via modems and other communication media. The portable nature of this technology makes it very useful in various applications such as field survey, laboratory instrumentation, remote monitoring & control, mobile asset tracking & location and disaster management.
The global data acquisition (DAQ) hardware market was valued at USD 4.5 billion in 2015.
Fixed Type:
Fixed type is a term used to define the type of sensors which are fixed in one position and cannot be moved or shifted. The most common types of fixed-type devices include accelerometers, magnetometers, and gyroscopes. Fixed-type devices can also be found in mobile robots that use these sensors for motion detection and navigation purposes.
Application Insights:
The application segment is bifurcated into five sub-segments, which include agriculture, healthcare, security, industrial and communication. The agriculture segment dominated the global data acquisition hardware market in 2017 owing to the extensive use of data acquisition devices among farmers for weather monitoring and crop tracking purposes. Moreover, increasing investments by governments in agricultural research & development are expected to fuel product demand over the forecast period.
The industrial sector is also anticipated to witness significant growth over the forecast period owing to growing automation initiatives within manufacturing facilities. The need for real-time information from production lines has become crucial as it provides insights about manufacturing processes that were hitherto undetectable through conventional sensors or cameras due to their complexity or costliness. These factors have led many manufacturers in developing countries such as China and India towards investing more on advanced technologies such as big data analytics with a focus on industry 4.0 conceptually integrating physical reality (sensor) and digital technology (controller).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing government funding for research and development activities, growing adoption of automation technologies, and rising demand for real-time data processing in various industrial applications such as oil & gas exploration, manufacturing, power generation, etc.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing investments by governments in developing countries such as China and India coupled with rising awareness about data acquisition systems among end users of these systems including manufacturers and service providers. Moreover it has been observed that most equipment suppliers are from Asian countries thus making this region a key contributor towards overall market growth in terms of revenue share or volume sold every year since 2010 (IEEE).
Growth Factors:
- Increasing demand for data-driven decision making across industries
- Proliferation of data-rich applications and services
- Growing volume and variety of data generated by connected devices and sensors
- Advances in big data analytics and machine learning algorithms
- Emergence of cloud-based platforms for managing large volumes of data
Scope Of The Report
Report Attributes
Report Details
Report Title
Data Acquisition (DAQ) Hardware Market Research Report
By Type
Portable Type, Fixed Type
By Application
Agriculture, Healthcare, Security, Industrial, Communication
By Companies
National Instruments, Advantech, ADLINK Technology, Contec, Microstar Laboratories, Yokogawa, OMEGA Engineering, Coleman Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Data Acquisition (DAQ) Hardware Market Report Segments:
The global Data Acquisition (DAQ) Hardware market is segmented on the basis of:
Types
Portable Type, Fixed Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Agriculture, Healthcare, Security, Industrial, Communication
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- National Instruments
- Advantech
- ADLINK Technology
- Contec
- Microstar Laboratories
- Yokogawa
- OMEGA Engineering
- Coleman Technologies
Highlights of The Data Acquisition (DAQ) Hardware Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Portable Type
- Fixed Type
- By Application:
- Agriculture
- Healthcare
- Security
- Industrial
- Communication
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Data Acquisition (DAQ) Hardware Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
DAQ hardware is a type of computer equipment used to collect data from sensors or other devices.
Some of the major players in the data acquisition (daq) hardware market are National Instruments, Advantech, ADLINK Technology, Contec, Microstar Laboratories, Yokogawa, OMEGA Engineering, Coleman Technologies.
The data acquisition (daq) hardware market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Data Acquisition (DAQ) Hardware Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Data Acquisition (DAQ) Hardware Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Data Acquisition (DAQ) Hardware Market - Supply Chain
4.5. Global Data Acquisition (DAQ) Hardware Market Forecast
4.5.1. Data Acquisition (DAQ) Hardware Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Data Acquisition (DAQ) Hardware Market Size (000 Units) and Y-o-Y Growth
4.5.3. Data Acquisition (DAQ) Hardware Market Absolute $ Opportunity
5. Global Data Acquisition (DAQ) Hardware Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Data Acquisition (DAQ) Hardware Market Size and Volume Forecast by Type
5.3.1. Portable Type
5.3.2. Fixed Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Data Acquisition (DAQ) Hardware Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Data Acquisition (DAQ) Hardware Market Size and Volume Forecast by Application
6.3.1. Agriculture
6.3.2. Healthcare
6.3.3. Security
6.3.4. Industrial
6.3.5. Communication
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Data Acquisition (DAQ) Hardware Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Data Acquisition (DAQ) Hardware Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Data Acquisition (DAQ) Hardware Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Data Acquisition (DAQ) Hardware Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Data Acquisition (DAQ) Hardware Demand Share Forecast, 2019-2029
9. North America Data Acquisition (DAQ) Hardware Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Data Acquisition (DAQ) Hardware Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Data Acquisition (DAQ) Hardware Market Size and Volume Forecast by Application
9.4.1. Agriculture
9.4.2. Healthcare
9.4.3. Security
9.4.4. Industrial
9.4.5. Communication
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Data Acquisition (DAQ) Hardware Market Size and Volume Forecast by Type
9.7.1. Portable Type
9.7.2. Fixed Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Data Acquisition (DAQ) Hardware Demand Share Forecast, 2019-2029
10. Latin America Data Acquisition (DAQ) Hardware Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Data Acquisition (DAQ) Hardware Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Data Acquisition (DAQ) Hardware Market Size and Volume Forecast by Application
10.4.1. Agriculture
10.4.2. Healthcare
10.4.3. Security
10.4.4. Industrial
10.4.5. Communication
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Data Acquisition (DAQ) Hardware Market Size and Volume Forecast by Type
10.7.1. Portable Type
10.7.2. Fixed Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Data Acquisition (DAQ) Hardware Demand Share Forecast, 2019-2029
11. Europe Data Acquisition (DAQ) Hardware Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Data Acquisition (DAQ) Hardware Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Data Acquisition (DAQ) Hardware Market Size and Volume Forecast by Application
11.4.1. Agriculture
11.4.2. Healthcare
11.4.3. Security
11.4.4. Industrial
11.4.5. Communication
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Data Acquisition (DAQ) Hardware Market Size and Volume Forecast by Type
11.7.1. Portable Type
117.2. Fixed Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Data Acquisition (DAQ) Hardware Demand Share, 2019-2029
12. Asia Pacific Data Acquisition (DAQ) Hardware Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Data Acquisition (DAQ) Hardware Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Data Acquisition (DAQ) Hardware Market Size and Volume Forecast by Application
12.4.1. Agriculture
12.4.2. Healthcare
12.4.3. Security
12.4.4. Industrial
12.4.5. Communication
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Data Acquisition (DAQ) Hardware Market Size and Volume Forecast by Type
12.7.1. Portable Type
12.7.2. Fixed Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Data Acquisition (DAQ) Hardware Demand Share, 2019-2029
13. Middle East & Africa Data Acquisition (DAQ) Hardware Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Data Acquisition (DAQ) Hardware Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Data Acquisition (DAQ) Hardware Market Size and Volume Forecast by Application
13.4.1. Agriculture
13.4.2. Healthcare
13.4.3. Security
13.4.4. Industrial
13.4.5. Communication
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Data Acquisition (DAQ) Hardware Market Size and Volume Forecast by Type
13.7.1. Portable Type
13.7.2. Fixed Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Data Acquisition (DAQ) Hardware Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Data Acquisition (DAQ) Hardware Market: Market Share Analysis
14.2. Data Acquisition (DAQ) Hardware Distributors and Customers
14.3. Data Acquisition (DAQ) Hardware Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. National Instruments
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Advantech
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ADLINK Technology
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Contec
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Microstar Laboratories
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Yokogawa
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. OMEGA Engineering
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Coleman Technologies
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook